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Global Smart Syringe Market to Grow at a CAGR of 9.7% During 2024-2032, Driven by the Increasing Focus on Injection Safety

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Global Smart Syringe Market Size, Share, Trends, Forecast: By Product: Auto Disable Syringes, Active Safety Syringes, Passive Safety Syringes; By Application: Drug Delivery, Vaccination, Blood Specimen Collection; By Age Group: Pediatrics, Adults; By End Users: Hospitals and HMOs, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Smart Syringe Market Outlook

The global smart syringe market attained a value of USD 10157.16 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 9.7% to reach USD 23321.73 million by 2032.

Global Smart Syringe Market

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North America to Dominate the Global Smart Syringe Industry

North America accounted for a significant market share of the smart syringe industry. This can be attributed to the widespread use of safety syringes in this region because of increased awareness about needle stick injuries. Also, due to continuous advancements in healthcare procedures at healthcare centres across the region, the market is expected to witness a further growth in the coming years. Meanwhile, due to the rising private and public medical expenses, improving healthcare facilities, and increased responsiveness to the danger of hazardous syringe use, the Asia Pacific is expected to witness a significant growth in the forecast period.

Increasing Pediatric Population to Augment the Smart Syringe Industry Growth

Pediatrics is the most lucrative segment owing to an annual growth in the number of pediatric patients, as this age demographic is more susceptible to infectious diseases. Furthermore, because children are more sensitive to infections and are at higher risk, the COVID-19 pandemic is expected to increase the demand for smart syringes. Meanwhile, the increasing government attempts to immunise high-risk groups at an early age are likely to promote adult segment growth in the future.

Smart Syringe: Market Segmentation

Smart syringes are medical equipment with built-in safety features that prevent syringe reuse and regulate dangerous injection habits. They have properties that help prevent the spread of blood-borne illnesses. Vaccination, medicine distribution, and blood specimen collection are all done with these. It has its own chip that contains current settings, ranges, and usage tracking.

Global Smart Syringe Market by Segment

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By product, the industry is segmented into:

Auto Disable Syringes
Active Safety Syringes
Passive Safety Syringes

The market can be broadly categorised on the basis of its application into:

Drug Delivery
Vaccination
Blood Specimen Collection

By age group, the industry is segmented into:

Pediatrics
Adults

On the basis of end users, the industry is segmented into:

Hospitals and HMOs
Diabetic Patients
General Practitioners
Others

The EMR report looks into the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Smart Syringe Market by Region

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Increasing Cases of Needle Stick Injuries to Bolster the Growth of the Global Smart Syringe Industry

The market is growing due to an increase in the number of needle stick injuries among people of all ages. The industry is additionally boosted by the high prevalence of blood-borne diseases such as hepatitis B, C, and HIV transmitted through inappropriate injection techniques. Furthermore, the market expansion is fuelled by an increase in the use of safety syringes and technological developments. In addition, government mandates to support the transition towards smart syringes, assuring safe injection practices, are crucial in driving the market growth. During this pandemic phase, the requirement for worldwide immunisation programmes to prevent the spread of the coronavirus pandemic is expected to accelerate the demand for smart syringe, which, in turn, is expected to drive the market during the forecast period. Furthermore, the expanding geriatric population and the necessity to reduce hospital-acquired infections are expected to drive the smart syringe industry in the coming future.

Key Industry Players in the Global Smart Syringe Market

The report presents a detailed analysis of the following key players in the global smart syringe market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

B. Braun Melsungen AG
Terumo Corporation
Smiths Group plc
Becton, Dickinson and Company
Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2017-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Product Application Age Group End Users Region
Breakup by Product	Auto Disable Syringes Active Safety Syringes Passive Safety Syringes
Breakup by Application	Drug Delivery Vaccination Blood Specimen Collection
Breakup by Age Group	Pediatrics Adults
Breakup by End Users	Hospitals and HMOs Diabetic Patients General Practitioners Others
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	B. Braun Melsungen AG Terumo Corporation Smiths Group plc Becton, Dickinson and Company. Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Snapshot
   6.1   Global
   6.2   Regional
7   Industry Opportunities and Challenges
8   Global Smart Syringe Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Smart Syringe Historical Market (2018-2023)
   8.3   Global Smart Syringe Market Forecast (2024-2032)
   8.4   Global Smart Syringe Market by Product
       8.4.1   Auto Disable Syringes
           8.4.1.1   Market Share
           8.4.1.2   Historical Trend (2018-2023)
           8.4.1.3   Forecast Trend (2024-2032)
       8.4.2   Active Safety Syringes
           8.4.2.1   Market Share
           8.4.2.2   Historical Trend (2018-2023)
           8.4.2.3   Forecast Trend (2024-2032)
       8.4.3   Passive Safety Syringes
           8.4.3.1   Market Share
           8.4.3.2   Historical Trend (2018-2023)
           8.4.3.3   Forecast Trend (2024-2032)
   8.5   Global Smart Syringe Market by Application
       8.5.1   Drug Delivery
           8.5.1.1   Market Share
           8.5.1.2   Historical Trend (2018-2023)
           8.5.1.3   Forecast Trend (2024-2032)
       8.5.2   Vaccination
           8.5.2.1   Market Share
           8.5.2.2   Historical Trend (2018-2023)
           8.5.2.3   Forecast Trend (2024-2032)
       8.5.3   Blood Specimen Collection
           8.5.3.1   Market Share
           8.5.3.2   Historical Trend (2018-2023)
           8.5.3.3   Forecast Trend (2024-2032)
   8.6   Global Smart Syringe Market by Age Group
       8.6.1   Pediatrics
           8.6.1.1   Market Share
           8.6.1.2   Historical Trend (2018-2023)
           8.6.1.3   Forecast Trend (2024-2032)
       8.6.2   Adults
           8.6.2.1   Market Share
           8.6.2.2   Historical Trend (2018-2023)
           8.6.2.3   Forecast Trend (2024-2032)
   8.7   Global Smart Syringe Market by End Users
       8.7.1   Hospitals and HMOs
           8.7.1.1   Market Share
           8.7.1.2   Historical Trend (2018-2023)
           8.7.1.3   Forecast Trend (2024-2032)
       8.7.2   Diabetic Patients
           8.7.2.1   Market Share
           8.7.2.2   Historical Trend (2018-2023)
           8.7.2.3   Forecast Trend (2024-2032)
       8.7.3   General Practitioners
           8.7.3.1   Market Share
           8.7.3.2   Historical Trend (2018-2023)
           8.7.3.3   Forecast Trend (2024-2032)
       8.7.4   Others
   8.8   Global Smart Syringe Market by Region
       8.8.1   Market Share
           8.8.1.1   North America
           8.8.1.2   Europe
           8.8.1.3   Asia Pacific
           8.8.1.4   Latin America
           8.8.1.5   Middle East and Africa
9   Regional Analysis
   9.1   North America
       9.1.1   Historical Trend (2018-2023)
       9.1.2   Forecast Trend (2024-2032)
       9.1.3   Breakup by Country
           9.1.3.1   United States of America
           9.1.3.2   Canada
   9.2   Europe
       9.2.1   Historical Trend (2018-2023)
       9.2.2   Forecast Trend (2024-2032)
       9.2.3   Breakup by Country
           9.2.3.1   United Kingdom
           9.2.3.2   Germany
           9.2.3.3   France
           9.2.3.4   Italy
           9.2.3.5   Spain
           9.2.3.6   Others
   9.3   Asia Pacific
       9.3.1   Historical Trend (2018-2023)
       9.3.2   Forecast Trend (2024-2032)
       9.3.3   Breakup by Country
           9.3.3.1   China
           9.3.3.2   Japan
           9.3.3.3   India
           9.3.3.4   ASEAN
           9.3.3.5   Australia
           9.3.3.6   Others
   9.4   Latin America
       9.4.1   Historical Trend (2018-2023)
       9.4.2   Forecast Trend (2024-2032)
       9.4.3   Breakup by Country
           9.4.3.1   Brazil
           9.4.3.2   Argentina
           9.4.3.3   Mexico
           9.4.3.4   Others
   9.5   Middle East and Africa
       9.5.1   Historical Trend (2018-2023)
       9.5.2   Forecast Trend (2024-2032)
       9.5.3   Breakup by Country
           9.5.3.1   Saudi Arabia
           9.5.3.2   United Arab Emirates
           9.5.3.3   Nigeria
           9.5.3.4   South Africa
           9.5.3.5   Others
10   Market Dynamics
       10.1.1   SWOT Analysis
       10.1.2   Strengths
       10.1.3   Weaknesses
       10.1.4   Opportunities
       10.1.5   Threats
   10.2   Porter’s Five Forces Analysis
       10.2.1   Supplier’s Power
       10.2.2   Buyer’s Power
       10.2.3   Threat of New Entrants
       10.2.4   Degree of Rivalry
       10.2.5   Threat of Substitutes
   10.3   Key Indicators for Demand
   10.4   Key Indicators for Price
11   Value Chain Analysis
12   Trade Data Analysis (HS Code: 901831)
   12.1   Major Exporting Countries
       12.1.1   By Value
       12.1.2   By Volume
   12.2   Major Importing Countries
       12.2.1   By Value
       12.2.2   By Volume
13   Competitive Landscape
   13.1   Market Structure
   13.2   Company Profiles
       13.2.1   B. Braun Melsungen AG
           13.2.1.1   Company Overview
           13.2.1.2   Product Portfolio
           13.2.1.3   Demographic Reach and Achievements
           13.2.1.4   Certifications
       13.2.2   Terumo Corporation
           13.2.2.1   Company Overview
           13.2.2.2   Product Portfolio
           13.2.2.3   Demographic Reach and Achievements
           13.2.2.4   Certification
       13.2.3   Smiths Group plc
           13.2.3.1   Company Overview
           13.2.3.2   Product Portfolio
           13.2.3.3   Demographic Reach and Achievements
           13.2.3.4   Certifications
       13.2.4   Becton, Dickinson and Company.
           13.2.4.1   Company Overview
           13.2.4.2   Product Portfolio
           13.2.4.3   Demographic Reach and Achievements
           13.2.4.4   Certifications
       13.2.5   Others
14   Industry News and Development

List of Key Figures and Tables

1.   Global Smart Syringe Market: Key Industry Highlights, 2018 and 2032
2.   Global Smart Syringe Historical Market: Breakup by Product (USD Million), 2018-2023
3.   Global Smart Syringe Market Forecast: Breakup by Product (USD Million), 2024-2032
4.   Global Smart Syringe Historical Market: Breakup by Application (USD Million), 2018-2023
5.   Global Smart Syringe Market Forecast: Breakup by Application (USD Million), 2024-2032
6.   Global Smart Syringe Historical Market: Breakup by Age Group (USD Million), 2018-2023
7.   Global Smart Syringe Market Forecast: Breakup by Age Group (USD Million), 2024-2032
8.   Global Smart Syringe Historical Market: Breakup by End-User (USD Million), 2018-2023
9.   Global Smart Syringe Market Forecast: Breakup by End-User (USD Million), 2024-2032
10.   Global Smart Syringe Historical Market: Breakup by Region (USD Million), 2018-2023
11.   Global Smart Syringe Market Forecast: Breakup by Region (USD Million), 2024-2032
12.   North America Smart Syringe Historical Market: Breakup by Country (USD Million), 2018-2023
13.   North America Smart Syringe Market Forecast: Breakup by Country (USD Million), 2024-2032
14.   Europe Smart Syringe Historical Market: Breakup by Country (USD Million), 2018-2023
15.   Europe Smart Syringe Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Asia Pacific Smart Syringe Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Asia Pacific Smart Syringe Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Latin America Smart Syringe Historical Market: Breakup by Country (USD Million), 2018-2023
19.   Latin America Smart Syringe Market Forecast: Breakup by Country (USD Million), 2024-2032
20.   Middle East and Africa Smart Syringe Historical Market: Breakup by Country (USD Million), 2018-2023
21.   Middle East and Africa Smart Syringe Market Forecast: Breakup by Country (USD Million), 2024-2032
22.   Major Importing Countries by Volume (2020)
23.   Major Exporting Countries by Volume (2020)
24.   Major Importing Countries by Value (2020)
25.   Major Exporting Countries by Value (2020)
26.   Global Smart Syringe Market Structure

Key Questions Answered in the Report

What was the global smart syringe market size in 2023?

In 2023, the global smart syringe market attained a value of nearly USD 10157.16 million.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 9.7% between 2024 and 2032.

What are the major industry drivers?

The market is being aided by the increase in incidences of needle stick injuries, the high prevalence of blood-borne transmission such as hepatitis B, C, and HIV, the surge in adoption of safety syringes, and technological advancements.

What is the key industry trend of the global smart syringe market?

The key industry trend guiding the global smart syringe industry include increasing awareness regarding the benefits of smart syringes, advancements in healthcare procedures, and the surging attempts by governments to immunise high-risk population against infectious diseases.

What are the major regional markets of smart syringe, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the significant products available in the industry?

The significant products available in the industry are auto disable syringes, active safety syringes, and passive safety syringes.

What are the major applications of smart syringe?

The major applications of smart syringe are drug delivery, vaccination, and blood specimen collection.

What are the various age groups in the industry?

The various age groups in the industry are paediatrics and adults.

What are the different end users of smart syringe?

The different end users of smart syringe are hospitals and HMOS, diabetic patients, and general practitioners, among others.

Who are the key industry players, according to the report?

The major players in the industry are B. Braun Melsungen AG, Terumo Corporation, Smiths Group plc, and Becton, Dickinson and Company, among others.

Analyst Review

The global smart syringe market attained a value of about USD 10157.16 million in 2023, driven by increasing incidences of needle stick injuries. Aided by growing utilisation of smart syringes in developing countries, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 9.7%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the industry can be segmented into auto disable syringes, active safety syringes, and passive safety syringes. On the basis of application, the market is divided into drug delivery, vaccination, and blood specimen collection. Based on age group, the industry can be segmented into paediatrics and adults. Based on end user, the industry can be segmented into hospitals and HMOS, diabetic patients, and general practitioners, among others. The major regional markets for smart syringe are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include B. Braun Melsungen AG, Terumo Corporation, Smiths Group plc, and Becton, Dickinson and Company, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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